Petty cash may be used for small dollar reimbursements to employees for RIT business expenditures of $50.00 or less (i.e., those that can’t be paid by procurement card). Petty cash reimbursements are ...

In the early stages of a start-up, effective financial management is crucial to ensure sustainability and growth. One vital tool in this endeavor is an Excel burn rate or cash runway dashboard. This ...

University organizational units may be provided a designated amount of cash for payment of incidental expenses of a nominal amount that require cash payment and that are not appropriately billed by ...